The best anonymous bitcoin exchange
If you are looking for the best anonymous bitcoin exchange without KYC (Konw Your Customer) procedure, read this article carefully.
In many countries around the world, including the United States, Canada, the UK, New Zealand, and Australia, KYC laws and regulations were enacted to prevent banks and other financial institutions from being used by criminals for money laundering activities.
However, these sorts of exchanges are not going to bypass KYC laws but they make easy cryptocurrencies trading for those who like to start in small amount of investment.
Advantages of anonymous Exchanges without KYC
TIdentity verification on Bitcoin Exchangeshe identity verification process at bitcoin exchanges usually involves providing personal details, such as name, address, date of birth and attaching proof of identity and proof of residence documents. Most of the exchanges require identity verification process for AML (Anti-money Laundering) and KYC (know your customer) regulation applicable in the country where they are operating.
There can be several reasons why a user wants to avoid exposing personal information on a bitcoin exchange. Users can hide their credentials so no authorities, be it government or tax authority will be able to see their investments, profits and losses in bitcoins. It is also possible that you just do not trust the platform enough to provide your credentials to the owner of the site. Other people then just want to hide proceeds from various people, such as creditors, employees or even spouses for various personal reasons.
Binance, with over 6 million users, this relatively young Hong Kong-based exchange has recently become the most popular cryptocurrency exchange in the world
We highly recommend the world’s largest crypto exchange, Binance, if you are looking for an exchange without the stringent KYC verification. These accounts are perfect for casual investors looking to own a small amount of cryptocurrency.
With Binance, you can withdraw up to 2 BTC per day with an unverified account, all you need is an email address.